Odds converter (fractional, decimal, American, probability)

Convert odds between fractional, decimal and American (moneyline) formats and get the implied probability, worked in exact fractions.

Diperbarui Contoh terverifikasi: 5

5/2 means win 5 for every 2 staked.
Coba
Implied probability
%
Implied probability: 28.57 %
Tempat desimal maksimum: 2; Terdekat, jika berjarak sama menjauhi nol
Decimal odds
3.5
Fractional odds
5/2
American odds
+250
Profit per 1 staked
2.5

A 1-unit stake at these odds returns 3.5 in total (2.5 profit) if it wins. The odds imply a 28.57% chance; a bet only has positive expected value if the true chance is higher than that, and bookmakers' prices include a margin, so implied chances across all outcomes add up to more than 100%.

Implied chance

28.57%implied
Win28.57%Lose71.43%
Cara menghitung S
  1. Decimal odds (total return per 1 staked)

    d=1+52=3.5d = 1 + \frac{5}{2} = 3.5

    Worked as exact fractions, so no rounding creeps in between formats.

  2. Fractional odds (profit : stake)

    d−1=2.5=5/2d - 1 = 2.5 = 5/2
  3. American odds

    d≥2: +100(d−1)=+250d \ge 2:\ +100(d - 1) = +250
  4. Implied probability

    p=1d=28.571429%p = \frac{1}{d} = 28.571429\%

Tentang Odds converter (fractional, decimal, American, probability)

Decimal odds d are the total return per 1 staked, stake included. Fractional odds a/b give the profit per stake, so d = 1 + a/b. American odds are +100(d − 1) when d is 2 or more and −100/(d − 1) when d is below 2, and the implied probability is 1/d. Every conversion runs through exact fractions, so 10/11 stays 10/11 instead of becoming 0.909…

The default, 5/2, is decimal 3.5 and American +250: a 1-unit stake returns 3.5 if it wins, 2.5 of it profit, and the price implies a 28.57% chance. A −110 line, common on US point spreads, implies 52.38%, the win rate needed to break even.

Implied probability describes the price, not the true chance. Bookmakers build a margin into their prices, so the implied probabilities of all outcomes in a market add up to more than 100%.

Contoh penyelesaian

5/2 (defaults)

I have
Fractional
Fractional odds, first number
5
Fractional odds, second number
2
Decimal odds
3.5
American odds
+250
Implied probability
28.57%
Profit per 1 staked
2.5

Sumber pemeriksaan: d = 1 + 5/2; p = 2/7 = 28.571%; American +100 × 2.5 (standard conversion tables)

Decimal 1.5

I have
Decimal
Decimal odds
1.5
Fractional odds
1/2
American odds
−200
Implied probability
66.67%

Sumber pemeriksaan: d − 1 = 1/2; American −100/0.5 = −200; p = 1/1.5 = 2/3

American −110

I have
American
American odds
-110
Decimal odds
1.9091
Fractional odds
10/11
Implied probability
52.38%

Sumber pemeriksaan: d = 1 + 100/110 = 21/11; p = 11/21 = 52.381% (the standard −110 break-even rate)

Probability 25%

I have
Peluang
Peluang
25%
Decimal odds
4
Fractional odds
3/1
American odds
+300

Sumber pemeriksaan: d = 1/0.25 = 4; 3/1; +300

Pertanyaan

How do you convert fractional odds to decimal odds?

Divide the first number by the second and add 1: d = a/b + 1. So 5/2 becomes 3.5, 1/2 becomes 1.5 and evens (1/1) becomes 2.0. The 1 is the returned stake: fractional odds quote profit only, while decimal odds quote the total return, so a winning 10-unit bet at 5/2 or 3.5 pays back 35 in both cases.

How do American (moneyline) odds work?

A plus number is the profit on a 100 stake and a minus number is the stake needed to win 100. At +250, 100 staked wins 250 profit (decimal 3.5); at −150, 150 staked wins 100 (decimal 1.667). +100 and −100 both mean evens, and no American odds exist between −100 and +100.

How do you convert odds to implied probability?

Divide 1 by the decimal odds: p = 1/d. Decimal 3.5 implies 1/3.5 = 28.57%. For fractional odds a/b the shortcut is b/(a + b), so 5/2 gives 2/7. For American −110 it is 110/(110 + 100) = 52.38%, and for +250 it is 100/(250 + 100) = 28.57%.

What is the overround or bookmaker's margin?

The overround is how far the implied probabilities of every outcome in a market add up past 100%. With both sides of a bet priced at −110, the total is 52.38% + 52.38% = 104.76%, an overround of 4.76% and a bookmaker margin (vig) of 1 − 1/1.0476 = 4.55% of stakes. Dividing each implied probability by the total, 52.38/104.76, removes the margin and gives 50%.

What do odds-on and odds against mean?

Odds-on means the implied probability is above 50%: fractional odds below 1/1, decimal odds below 2.0 and negative American odds. At 1/2 odds-on (1.5, or −200) you stake 2 to win 1, an implied 66.67%. Odds against is the reverse: 5/2 (3.5, or +250) pays more than the stake and implies less than 50%.

Seberapa akurat “Odds converter (fractional, decimal, American, probability)”?

Akurasi bergantung pada masukan dan asumsi metode. Aritmetika desimal memakai 50 digit signifikan, tetapi perkiraan, metode numerik dan data sumber bisa kurang presisi; pembulatan yang ditampilkan tidak menghilangkan batasan itu. Contoh penyelesaian yang diperiksa dengan sumber independen: 5. Misalnya, “5/2 (defaults)” diperiksa dengan d = 1 + 5/2; p = 2/7 = 28.571%; American +100 × 2.5 (standard conversion tables).

Dari mana metode ini berasal?

Grinstead & Snell, Introduction to Probability (AMS), §1.2 — odds and probability; UK Gambling Commission — how odds work (fractional and decimal).

Tentang kalkulator ini

d=1+ab,American={+100(d−1)d≥2−100d−1d<2,p=1dd = 1 + \frac{a}{b},\qquad \text{American} = \begin{cases} +100(d-1) & d \ge 2 \\ -\frac{100}{d-1} & d < 2 \end{cases},\qquad p = \frac1d

Sumber

  1. Grinstead & Snell, Introduction to Probability (AMS), §1.2 — odds and probability
  2. UK Gambling Commission — how odds work (fractional and decimal)

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Diperiksa dengan referensi

Kalkulator ini mencakup 5 contoh perhitungan dengan jawaban dari sumber independen. Contoh tersebut dijalankan dalam rangkaian pengujian dan dapat Anda jalankan di sini juga.

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